[BC] Radio station loans
Ronald J. Dot'o Sr.
ron.doto at comcast.net
Mon Mar 30 17:34:00 CDT 2009
One thing that is often overlooked is that the SBA backs loans for
small radio stations.
Ron D
From: "Craig Bowman" <craig1 at shianet.org>
> Banks have never been thrilled to buy broadcast properties. I could
> pay 5M for a run down apartment building in a crappy neighborhood
> easier than I could buy a combo FM which leases tower and studio
> space and cash flows 1M. Banks are all about real estate. Unless
> you have a broadcast friendly bank it is a tough sell.
>
> Craig Bowman
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